As of the third quarter of 2011, no projects from the federal government’s Broadband Technology Opportunities Program (BTOP) — a technology stimulus program funded by the American Recovery and Reinvestment Act of 2009 (ARRA) — have been completed.
The Broadband Technology Opportunities Program was designed to fund the development of broadband infrastructure. It was designed in 2009 and the final grants for the project were awarded in 2010. The National Telecommunications and Information Administration (NTIA) — an agency within the Department of Commerce — manages the grant program.
The funds awarded for BTOP totaled over $4 billion, and the average award was $6,217,509, according to Recovery.gov. A total absense of loans — and completed projects— already has at least one critic reeling.
“You’d think if BTOP was even marginally successful, the government would want to trumpet that,” wrote Mike Wendy, director of MediaFreedom.org, wrote on his blog. This seems all the more important given the Solyndra debacle and other known (or soon to be known) ARRA infirmities. But, no. Undaunted, the administration continues to adhere to its Keynesian multiplier, pushing for another ‘jobs bill’, which looks like a smaller version of 2009’s ARRA.”